TOP Financial Group (NASDAQ:TOP) Raised to Hold at Wall Street Zen

TOP Financial Group (NASDAQ:TOP) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings raised TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, TOP Financial Group presently has an average rating of “Sell”.

TOP Financial Group Stock Performance

NASDAQ:TOP opened at $2.19 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.54 and a current ratio of 1.54. The stock’s 50 day moving average price is $1.51 and its two-hundred day moving average price is $1.13. TOP Financial Group has a 12-month low of $0.61 and a 12-month high of $3.33.

TOP Financial Group (NASDAQ:TOP) last issued its earnings results on Tuesday, July 7th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $0.73 million during the quarter.

Institutional Trading of TOP Financial Group

Several large investors have recently modified their holdings of TOP. Virtu Financial LLC bought a new position in shares of TOP Financial Group in the third quarter worth $42,000. XTX Topco Ltd acquired a new position in TOP Financial Group in the fourth quarter valued at about $35,000. Finally, Susquehanna International Group LLP lifted its position in TOP Financial Group by 42.0% during the third quarter. Susquehanna International Group LLP now owns 51,793 shares of the company’s stock worth $67,000 after purchasing an additional 15,330 shares during the period. 0.26% of the stock is owned by institutional investors and hedge funds.

About TOP Financial Group

TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. It is involved in the trading of local and overseas equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services. The company provides a range of futures products, such as index futures, forex futures, agricultural product futures, energy futures, and precious metal futures.